# Potential food crisis averted as rail strike deal is reached | Food Dive

> Railroads and unions representing about 60,000 employees reached a tentative deal to avoid a freight shutdown. The agreement includes a 24% wage increase over 2020 to 2024 and five annual lump-sum payments of $1,000. It goes to union members for ratification, during which time workers will not strike.

- Date: 2022-09-15 · published 2022-09-15T12:00:00.000Z
- Category: logistics · region US · magnitude medium
- Page: https://feedsoft.ai/events/39626-potential-food-crisis-averted-as-rail-strike-deal-is-reached-food-dive
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

The deal removes the threat of grain storage overflow and spoilage that would have lifted feed and bread costs. Feed buyers should see rail flows normalize into harvest, reducing the risk premium in grain and meal.

## Read by commodity

- SOY: neutral
- CORN: neutral
- WHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2022-09-15 | [Railroads reach labor deal, avoid potentially crippling strike \| 2022-09-15 \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/39624-railroads-reach-labor-deal-avoid-potentially-crippling-strike-2022-09-15-agri.md) | -2.0% | -2.3% |
| CORN | 2026-08-05 | [Grain flows again as Argentina reaches deal with striking pilots](https://feedsoft.ai/events/13782-grain-flows-again-as-argentina-reaches-deal-with-striking-pilots.md) | -0.5% | +12.4% |
| CORN | 2026-09-08 | [Grain exports flow again as Argentina reaches deal with striking pilots \| World Ports Organization](https://feedsoft.ai/events/17500-grain-exports-flow-again-as-argentina-reaches-deal-with-striking-pilots-world.md) | -0.2% | -0.2% |
| CORN | 2019-07-15 | [Romanian union says strike averted at ADM Constanta grain silos \| Financial Post](https://feedsoft.ai/events/58106-romanian-union-says-strike-averted-at-adm-constanta-grain-silos-financial-post.md) | -2.6% | -7.4% |
| CORN | 2022-11-10 | [Explainer: Can Ukraine's grain deal ease the global food crisis?](https://feedsoft.ai/events/14439-explainer-can-ukraine-s-grain-deal-ease-the-global-food-crisis.md) | +1.8% | -5.0% |
| SOY | 2022-09-15 | [Railroads reach labor deal, avoid potentially crippling strike \| 2022-09-15 \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/39624-railroads-reach-labor-deal-avoid-potentially-crippling-strike-2022-09-15-agri.md) | -2.8% | -7.2% |
| SOY | 2026-08-05 | [Grain flows again as Argentina reaches deal with striking pilots](https://feedsoft.ai/events/13782-grain-flows-again-as-argentina-reaches-deal-with-striking-pilots.md) | -0.6% | +13.1% |
| SOY | 2026-09-08 | [Grain exports flow again as Argentina reaches deal with striking pilots \| World Ports Organization](https://feedsoft.ai/events/17500-grain-exports-flow-again-as-argentina-reaches-deal-with-striking-pilots-world.md) | -0.7% | -1.0% |

## Sources

- fooddive.com: https://www.fooddive.com/news/rail-strike-averted-avoided-railroad-agriculture-food-supply-chain-biden-ngfa-labor-unions/631901/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.